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Planned Giving

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Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram

How It Works

  1. You make a gift to the Barnes
  2. You give the tax savings from the charitable deduction to your children
  3. Your children purchase an insurance policy on your life with the tax savings
  4. Your children will receive the proceeds upon your death

Benefits

  • You can make a significant gift to the Barnes without diminishing the amount your family will receive
  • Your tax savings finance this life insurance policy

More Information

Contact Us

Nina McN. Diefenbach
SVP, Deputy Director for Advancement
215.278.7111
ndiefenbach@barnesfoundation.org

Federal Tax ID Number: 23-6000149

 

The Barnes Foundation
2025 Benjamin Franklin Parkway
Philadelphia, PA 19130

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